Which of the following statements best describes the free-market system as it applies to our healthcare system?
A) All principles of the free-market system apply to health care in the same way as they apply to all other products.
B) All principles of the free-market system apply to health care in the same way as they apply to all other products except competition, because competition is limited.
C) All principles of the free-market system apply to health care in the same way as they apply to all other products except supply and demand, because supply and demand are totally under government control.
D) All principles of the free-market system apply to health care, but in complex ways that limit consumers' free choice in various ways.

Question

Quizplus · Accepted Answer

Healthcare operates within a free-market system but is subject to complexities such as regulation, insurance, and the essential nature of its services, which limit consumers' free choice in ways not typically seen in markets for other goods and services.

Which of the Following Statements Best Describes the Free-Market System